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20121201
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part of a star- studded evening to benefit those hit hard by superstorm sandy. >> alisha keys, rolling stones were there, bon jovi, clapton, your run of the mill rock and rollers, whole bunch of others lighting up the stage to raise funds. sandy damage estimates top $80 billion. hopefully that helped some of the folks. >> i'm sure they raised a lot of money. >> i had a chance to see bruce springsteen many years ago and what a concert that man puts on. wasn't a big fof his before. now love the boss. >>> cold temperatures and tides running very high. the king tides we are seeing an astronomical high tide with the sun and moon lining up just right. expecting that to peek out again this morning. it will peak out this morning and then low tides this afternoon. the main weather story with cold temperatures outside. we had showers yesterday. cold air from the gulf of alaska over the bay area dropping temperatures. out the door a frosty start to the day in many of the valleys. by the afternoon, mostly sunny and cool. there are more storms lining up on the horizon, more rain expected into tomor
.7%. economists were expecting a gain of around 75 to 95,000 jobs with hurricane sandy depressing hiring. now, it's not all good news. the labor department went back and revised september and october lower by combined 49,000 jobs. and the labor participation rate fell in november. that was likely an effect of sandy. 350,000 or so people stopping their search for work. that's what brought the unemployment rate down. not a great report but still a little bit better than what some people were forecasting. the apple a samsung case going on in federal court in san jose. the judge told lawyer for both sides that she may reduce the original award of one billion dollars saying jurors may have miscalculated the damages. but the judge may also enact sales bans against several older samsung devices so that could go either way. samsung trying to get a whole new trial in this case. >>> stock market higher on the better than expected jobs report. the dow is gaining 39 points. nasdaq up by one. s&p up. apple shares rebounded yet by 1 1/2 percent after that big 6% drop the other day. back to you. >>> jason brook
of silence to mark the one week point since a shooter killed 26 people at sandy hook elementary school. [ bells ] >> reporter: then the church bells will ring signifying another funeral for another child. pablo carmona attended the funeral of his friend and fellow boy scout benjamin wheeler. >> i don't really know why he had to die. but it's very sad. >> reporter: catherine hubbard liked to ride horses and allison wyatt wanted to become an artist. >> my husband asked me last night, he said, has this rocked your faith in god? and i said, absolutely not. but it has done a few things about my faith in human beings. >> reporter: the outpouring of love and emotions for the families of the victims extends far beyond this memorial in newtown something emilie parker's family found out when they took her body home to ogden, utah. >> a lot of you guys don't even know who she is. a lot of you never even met her. [ crying ] >> reporter: the father of 6- year-old victim emilie parker tried to thank the hundreds who showed up for her memorial service. >> i'm so thankful for everybody that's here. [
in president obama. he wants new laws to try to prevent another tragedy like the one at sandy hook elementary school. >> the fact that we can't prevent every act of violence doesn't mean we can't steadily reduce the violence. >> reporter: as head of the president's task force, vice president biden will look into banning assault weapons, but gun advocates say that's not necessary. >> there are lots of things we can do to make sure that only the right people have firearms. >> reporter: there will be at least nine more funerals or viewings today. on wednesday, each of the victims was remembered in his or her own special way. ♪ [ music ] >> reporter: paul simon sang at the funeral for 27-year-old teacher victoria soto. she died trying to protect her first grade students. >> she gave her life for those kids. it breaks my heart. >> reporter: 7-year-old daniel barden wanted to be a firefighter when he grew up. so firemen from across the region said good-bye to him as though he were one of their own. caroline previdi liked to draw and dance. charlotte bacon loved animals. and principal dawn hochspr
. significantly lower than what it saw in october but that was because of superstorm sandy, which it says effectively took 86,000 jobs out of the picture. the labor department reports overall job growth this friday. it says in october there was a gain of 171,000 jobs with the unemployment rate at 7.9%. >>> netflix big news yesterday when it announced an agreement with disney to start showing exclusively new disney movies beginning in 2016 streaming those movies for several months before they can be streamed or sold elsewhere. the "l.a. times" is reporting that netflix will pay disney upwards of $300 million a year in order to do that. but netflix got a big bump as stocks were up by 14% on the news. right now, netflix is pulling back a little bit down about 2.5%. overall market mixed right now with the dow up by 47 points. nasdaq is down by 9. the s&p up 1. apple weighing on the tech sector this morning shares down about 2.5%. michelle and frank, back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> well, we have something new
Search Results 0 to 4 of about 5